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VEEM LtdASX:VEE Stock Report

Market Cap AU$80.0m
Share Price
AU$0.54
AU$1.15
53.0% undervalued intrinsic discount
1Y-39.3%
7D2.9%
1D
Portfolio Value
View

VEEM Ltd

ASX:VEE Stock Report

Market Cap: AU$80.0m

VEEM (VEE) Stock Overview

Engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. More details

VEE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

VEE Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

VEEM Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for VEEM
Historical stock prices
Current Share PriceAU$0.54
52 Week HighAU$1.95
52 Week LowAU$0.47
Beta1.24
1 Month Change1.89%
3 Month Change-16.92%
1 Year Change-39.33%
3 Year Change18.68%
5 Year Change-59.70%
Change since IPO-11.48%

Recent News & Updates

New Narrative Mar 14

Defense Programs And Fuel Savings Will Reshape Long Term Prospects For This Marine Supplier

Catalysts About VEEM VEEM designs and manufactures marine propulsion systems, gyrostabilizers and engineered cast products for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 28

Defense Delays And Marine Weakness Will Eventually Reward Patience

Catalysts About VEEM VEEM manufactures marine propulsion systems, gyrostabilizers and high quality nonferrous castings for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 02

What You Can Learn From VEEM Ltd's (ASX:VEE) P/E After Its 26% Share Price Crash

Unfortunately for some shareholders, the VEEM Ltd ( ASX:VEE ) share price has dived 26% in the last thirty days...

Recent updates

New Narrative Mar 14

Defense Programs And Fuel Savings Will Reshape Long Term Prospects For This Marine Supplier

Catalysts About VEEM VEEM designs and manufactures marine propulsion systems, gyrostabilizers and engineered cast products for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 28

Defense Delays And Marine Weakness Will Eventually Reward Patience

Catalysts About VEEM VEEM manufactures marine propulsion systems, gyrostabilizers and high quality nonferrous castings for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 02

What You Can Learn From VEEM Ltd's (ASX:VEE) P/E After Its 26% Share Price Crash

Unfortunately for some shareholders, the VEEM Ltd ( ASX:VEE ) share price has dived 26% in the last thirty days...
Analysis Article Dec 07

VEEM Ltd (ASX:VEE) Analysts Just Slashed This Year's Estimates

The latest analyst coverage could presage a bad day for VEEM Ltd ( ASX:VEE ), with the analysts making across-the-board...
Analysis Article Nov 14

VEEM Ltd (ASX:VEE) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

VEEM Ltd ( ASX:VEE ) shares have had a horrible month, losing 28% after a relatively good period beforehand. Instead of...
Analysis Article Sep 26

VEEM Ltd (ASX:VEE) Looks Just Right With A 35% Price Jump

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 35% gain in the last month alone...
Analysis Article Sep 23

Is VEEM (ASX:VEE) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Sep 04

VEEM's (ASX:VEE) Returns Have Hit A Wall

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Jul 17

What Is VEEM Ltd's (ASX:VEE) Share Price Doing?

While VEEM Ltd ( ASX:VEE ) might not have the largest market cap around , it led the ASX gainers with a relatively...
Analysis Article Jun 18

VEEM Ltd's (ASX:VEE) 26% Cheaper Price Remains In Tune With Earnings

VEEM Ltd ( ASX:VEE ) shareholders that were waiting for something to happen have been dealt a blow with a 26% share...
Analysis Article Jun 16

Here's Why VEEM (ASX:VEE) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 10

Why VEEM Ltd (ASX:VEE) Could Be Worth Watching

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it saw a decent share price growth of 14% on the ASX...
Analysis Article Feb 25

VEEM's (ASX:VEE) Shareholders Will Receive A Smaller Dividend Than Last Year

VEEM Ltd ( ASX:VEE ) is reducing its dividend to A$0.0023 on the 17th of Aprilwhich is 70% less than last year's...
Analysis Article Jan 23

Some VEEM Ltd (ASX:VEE) Shareholders Look For Exit As Shares Take 27% Pounding

To the annoyance of some shareholders, VEEM Ltd ( ASX:VEE ) shares are down a considerable 27% in the last month, which...
Analysis Article Jan 14

VEEM (ASX:VEE) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Nov 29

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 15

Here's Why We Think VEEM (ASX:VEE) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 26

At AU$1.36, Is It Time To Put VEEM Ltd (ASX:VEE) On Your Watch List?

VEEM Ltd ( ASX:VEE ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Apr 16

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 14

When Should You Buy VEEM Ltd (ASX:VEE)?

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it led the ASX gainers with a relatively large price...
Analysis Article Mar 14

Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 30% gain in the last month alone. The annual...
Analysis Article Feb 25

VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, VEEM Ltd ( ASX:VEE ) just kicked off its latest half-year results with some very strong numbers. It...
Analysis Article Jan 22

Returns On Capital At VEEM (ASX:VEE) Have Stalled

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 18

Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 34% gain in the last month alone. The last 30...
Analysis Article Nov 16

These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 21

Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Aug 19

Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?

While VEEM Ltd ( ASX:VEE ) might not be the most widely known stock at the moment, it received a lot of attention from...
Analysis Article Jun 26

Is VEEM (ASX:VEE) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 24

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Dec 12

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it led the ASX gainers with a relatively large price...
Analysis Article Nov 16

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Despite positive share price growth of 10.0% for VEEM Ltd ( ASX:VEE ) over the last few years, earnings growth has been...
Analysis Article Oct 17

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 16

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Jul 10

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

While VEEM Ltd ( ASX:VEE ) might not be the most widely known stock at the moment, it received a lot of attention from...
Analysis Article Jun 19

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 03

Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

In this article we are going to estimate the intrinsic value of VEEM Ltd ( ASX:VEE ) by projecting its future cash...
Analysis Article Mar 15

Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...

Shareholder Returns

VEEAU MachineryAU Market
7D2.9%1.6%0.08%
1Y-39.3%34.3%3.1%

Return vs Industry: VEE underperformed the Australian Machinery industry which returned 34.3% over the past year.

Return vs Market: VEE underperformed the Australian Market which returned 3.1% over the past year.

Price Volatility

Is VEE's price volatile compared to industry and market?
VEE volatility
VEE Average Weekly Movement7.0%
Machinery Industry Average Movement10.6%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.3%

Stable Share Price: VEE has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: VEE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aTrevor Ramanveem.com.au

VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins.

VEEM Ltd Fundamentals Summary

How do VEEM's earnings and revenue compare to its market cap?
VEE fundamental statistics
Market capAU$79.98m
Earnings (TTM)-AU$17.52m
Revenue (TTM)AU$58.49m
1.4x
P/S Ratio
-4.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEE income statement (TTM)
RevenueAU$58.49m
Cost of RevenueAU$21.73m
Gross ProfitAU$36.76m
Other ExpensesAU$54.28m
Earnings-AU$17.52m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin62.85%
Net Profit Margin-29.95%
Debt/Equity Ratio12.3%

How did VEE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 11:15
End of Day Share Price 2026/05/25 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VEEM Ltd is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander LuMorgans Financial Limited
John LawlorOrd Minnett Limited